Gibraltar Industries Inc. (NASDAQ:ROCK) hit a new 52-week high during trading on Tuesday . The company traded as high as $35.59 and last traded at $35.50, with a volume of 127,425 shares. The stock had previously closed at $35.02.

A number of brokerages have recently commented on ROCK. Wedbush reiterated an “outperform” rating and set a $30.00 price target on shares of Gibraltar Industries in a report on Wednesday, April 20th. Zacks Investment Research upgraded shares of Gibraltar Industries from a “hold” rating to a “buy” rating and set a $34.00 price target for the company in a report on Thursday, June 30th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $30.40.

The company has a market capitalization of $1.13 billion and a PE ratio of 47.13. The stock’s 50 day moving average price is $31.42 and its 200-day moving average price is $26.53.

Gibraltar Industries (NASDAQ:ROCK) last issued its earnings results on Friday, May 6th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.12 by $0.12. During the same period last year, the business earned $0.06 earnings per share. The firm earned $233.70 million during the quarter, compared to the consensus estimate of $226.37 million. The firm’s revenue for the quarter was up 16.5% compared to the same quarter last year. Analysts anticipate that Gibraltar Industries Inc. will post $1.37 EPS for the current year.

A number of hedge funds and institutional investors have recently modified their holdings of the company. California State Teachers Retirement System boosted its position in shares of Gibraltar Industries by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 57,352 shares of the company’s stock valued at $1,459,000 after buying an additional 1,000 shares during the period. Rhumbline Advisers boosted its position in shares of Gibraltar Industries by 2.0% in the fourth quarter. Rhumbline Advisers now owns 53,768 shares of the company’s stock valued at $1,368,000 after buying an additional 1,035 shares during the period. Systematic Financial Management LP boosted its position in shares of Gibraltar Industries by 6.8% in the fourth quarter. Systematic Financial Management LP now owns 40,600 shares of the company’s stock valued at $1,032,000 after buying an additional 2,600 shares during the period. State Board of Administration of Florida Retirement System boosted its position in shares of Gibraltar Industries by 9.4% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 39,309 shares of the company’s stock valued at $1,000,000 after buying an additional 3,369 shares during the period. Finally, Nationwide Fund Advisors boosted its position in shares of Gibraltar Industries by 21.2% in the fourth quarter. Nationwide Fund Advisors now owns 73,974 shares of the company’s stock valued at $1,882,000 after buying an additional 12,936 shares during the period.

Gibraltar Industries, Inc is a manufacturer and distributor of building products for industrial, transportation infrastructure, residential housing, renewable energy and resource conservation markets. The Company operates through three segments: Residential Products, Industrial and Infrastructure Products and Renewable Energy and Conservation.

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